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Archive for August, 2006First we will take a quick look at the national market and then study our Alpharetta real estate market more closely to determine if we are tracking the national trends. The June housing report from the National Association of Realtors showed that nationally the housing market has turned in the buyer’s favor. The supply of homes for sale increased to the point that prices should remain relatively flat and homes will take longer to sell. This is the third straight month of declining home sales. June had nine percent lower sales than last year’s level. The weakness was felt in all four regions of the country. The largest drop was found in the Northeast followed by the second largest drop in the South. Homes sales in the South slid 2.3% from May’s level and 5.5% from last year. The median home price increased by less than one percent to $231,000 from last year. This represents the smallest year to year gain since May of 1995. National inventory has increased 39% from a year ago which works out to a 6.8 month supply at the current sales levels. I just had my vehicle auto wrapped to help promote the AlphaHomes website to the people There is nothing like having your name and number plastered all over your car to make you a better driver. I guess I will have to stop driving on the sidewalks now. All the best! Jeff This month’s issue covers recent Alpharetta annexation activities, housing sales and market trends, announces a free service for those who wish to sell their own homes online, and a review of Monterrey restaurant. |
of Alpharetta. I really want to thank the good folks I worked with at Burton Imaging and especially Ron Kane for a truly pleasant and professional job from start to finish. They created the design, printed it on their fantastic 3M Scothprint 2000 printer and coordinated the installation with their local installer. Everything went smoothly. Sandy Springs resident Tyler Hardin completed the installation, which was a two day project. He did a super job and I can attest to his incredible work ethic. When you see me around Alpharetta, and trust me you can’t miss it (that green almost glows), give a wave or dial my number.
